Vallen Distribution, Belmont, NC, a provider of indirect industrial supply chain solutions, vendor managed inventory and technical services with offerings that include safety equipment inspection, maintenance, certification and solution design, is pleased to announce that it has signed a definitive agreement to acquire Wesco Integrated Supply (WIS), from Wesco International.
Since its founding in 1865, Vallen – a portfolio company of Nautic Partners LLC – has focused on providing a value proposition rooted in technical product knowledge, experience with supply chain solutions, and customer service.
With its 50-plus year history and approximately $784 million in annual sales, WIS designs and implements industrial maintenance, repair and operations (MRO) supply chain solutions that reduce total costs and deliver documented savings while improving supply chain performance, including reduced order cycle time and stock-outs.
As a combined company, Vallen and WIS will continue to provide premier supply chain services and offerings to the market and be positioned to invest in innovative solutions that drive success for customers and suppliers worldwide.
Chuck Delph, CEO of Vallen, said in the press release, "We are excited to bring together two outstanding supply chain solutions providers through this transaction and see significant opportunity ahead for the combined company. This combination further expands and complements our vision to deliver unique and customizable supply chain solutions for our customers' indirect spend and enhances our ability to partner with the supplier community."